Cheap Apartments for Rent in Monticello, KY from $500 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Monticello.

close
View Me
Mason Greene
1 Bedroom Apartments

Mason Greene

54 Stokes CtMonticello, KY 42633

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
property at 136 S 10th St

136 S 10th St

WilliamsburgKY40769

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
close
View Me
Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included
property at 74 Sycamore Loop

74 Sycamore Loop

CampbellsvilleKY42718

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501
property at 334 Sycamore Loop

334 Sycamore Loop

CampbellsvilleKY42718
close
View Me
Century Lofts
1 Bedroom Apartments

Century Lofts

113 N Main StCorbin, KY 40701
Showing Results 1-31, Page 1 of 1

Monticello, KY Local Guide

Cheapest Available Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monticello, KY is a 1 Bed unit found at Mason Greene priced from $548. Eagle Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mason Greene1 Bedroom Apartment1BR,1BA$548
Eagle Creek ApartmentsOne Bdr1BR,1BA$650
Cypress Creek Apartments1 Bedroom1BR,1BA$710
University TowersStudios1BR,1BA$800
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$849
Eagle VillageStudioStudio,1BA$895
ELEVEN502 Beds, 1.5 baths2BR,1BA$1,025
The Gables at Veterans1 Bedroom End Unit1BR,1BA$1,180
Woodbury Crossing3 B Floor Plan3BR,2BA$1,259
Hampton Creek2 Bedroom 1.5 Bath2BR,1BA$1,349

Best Value Apartments for Rent in Monticello, KY and Nearby

As of June 19, 2025 the best value apartment in the Monticello area is the $1.44 price per square foot Snowmass Premium Model at Snowmass in the in the North Knoxville neighborhood starting from $2,095. The second greatest value Monticello apartment is the 2 Bedroom 2.5 Bath Model at Saxony Apartment Homes starting at $1,500 with a $1.25 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SnowmassSnowmass Premium3BR,2.5BA$1.44
Saxony Apartment Homes2 Bedroom 2.5 Bath2BR,2.5BA$1.25
Woodbury Crossing3 B Floor Plan3BR,2BA$1.13
ELEVEN503 Beds, 2 baths3BR,2BA$1.18
Rand 9382 Bed 1.5 Bath2BR,1.5BA$1.44
Hampton Creek2 Bedroom 1.5 Bath2BR,1.5BA$1.32
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
Cypress Creek Apartments1 Bedroom1BR,1BA$1.00
Mason Greene1 Bedroom Apartment1BR,1BA$0.91
Eagle Creek ApartmentsOne Bdr1BR,1BA$1.40

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monticello, KY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Monticello, KY

View MapMonticello, KY Apartments MapView MapMonticello, KY Rental Homes Map

Getting Around Monticello, KY

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Monticello Apartments

How much is rent for a Cheap One Bedroom Monticello Apartment?

The lowest price for a Cheap One Bedroom Monticello Apartment is $548 at Mason Greene.

What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $849 at Fry Estates Apartments.

What is the most affordable Monticello Three Bedroom Apartment?

The best deal on a cheap Monticello Three Bedroom Apartment rental is at Cypress Creek Apartments and starts from $955.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.